Blog posts tagged with smes

The war in Iraq has devastated much of the country's economy, leaving families struggling to make a living. But there are signs of hope, small and medium-sized businesses are emerging, capable of employing more people and turning communities around. There’s just one problem: these businesses often have a hard time finding the capital they need to grow. On one hand, they’re too small to get loans from commercial banks -- on the other, they’re too big to work with most microfinance institutions.

While microfinance has become a powerful tool to fight poverty around the world, it leaves out a critical category of businesses that have the potential to create jobs and breakout growth in developing economies: Small and medium enterprises (SMEs for short).

One country where this is especially true is Iraq. Still in the early stages of recovery from the war, the country needs SMEs to build a strong foundation for healthy economic growth. At the same time, cultural restrictions and domestic norms in Iraq have vastly reduced the number of career... Continue Reading >>

Blog posts tagged with smes

The war in Iraq has devastated much of the country's economy, leaving families struggling to make a living. But there are signs of hope, small and medium-sized businesses are emerging, capable of employing more people and turning communities around. There’s just one problem: these businesses often have a hard time finding the capital they need to grow. On one hand, they’re too small to get loans from commercial banks -- on the other, they’re too big to work with most microfinance institutions.

While microfinance has become a powerful tool to fight poverty around the world, it leaves out a critical category of businesses that have the potential to create jobs and breakout growth in developing economies: Small and medium enterprises (SMEs for short).

One country where this is especially true is Iraq. Still in the early stages of recovery from the war, the country needs SMEs to build a strong foundation for healthy economic growth. At the same time, cultural restrictions and domestic norms in Iraq have vastly reduced the number of career... Continue Reading >>

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